2G case | Court takes cognizance of charge sheet against Essar, Loop

New Delhi: Essar group promoters Anshuman and Ravi Ruia alongwith five others were on Wednesday issued summons by a Delhi court which took cognizance of CBI’s charge sheet arising out of investigation in the 2G scam case.

The CBI in its charge sheet filed on 12 December has accused the Essar and Loop promoters of conspiring to cheat the Department of Telecommunication (DoT) but has not found evidence to prosecute theme under the Prevention of Corruption Act.

It said “investigation has not revealed evidence to prove mala-fide on the part of public servants in the matter.”

Essar Group, in a statement, had denied any involvement in the 2G scam and said it has complied with in totality with all conditions of telecom licences. It claimed that the CBI has confirmed that Essar was not involved in the 2G scam.

The company claimed that the CBI has confirmed that Essar was not involved in the 2G scam.

The CBI has said the accused persons and companies created a “complex corporate veil” to cheat DoT by concealing that Essar, an existing telecom operator having substantial shares in Vodafone (then Hutch), was having more than 10% stake in Loop Telecom.